By Thumbiko Nyirongo
FDH Financial Holdings Limited Group Chief Executive Officer (CEO) Dr. Thomson Mpinganjira has gone on sabbatical leave with effect from 27 January 2020.
The development follows his re-arrest on Tuesday by the Anti Corruption Bureau ACB on accusation that he wanted to bribe Judges who are handling the Presidential Elections Case.
Board Chairperson for FDH Financial Holdings Noel Mkulichi confirmed the development in a statement dated 29 January 2020.
“Dr. Thomson Mpinganjira has been granted sabbatical leave with effect from 27 January 2020. The stakeholders are therefore informed that from this date, he stepped aside from his role and responsibilities within the FDH Group of companies,” reads the statement.
Meanwhile, the Board has appointed George Chatera a fellow of the Association of Charted Certified Accountants (FCCA) as interim Chief Executive Officer who until his appointment was working as Chief Finance Officer FDH Group of companies.
Before joining the Group, Chatera who holds a Master of Business Administration Degree from Polytechnic and a graduate of the Executive Development Program from the University Of Stellenbosch Business School worked for Reserve Bank of Malawi for three years.